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86811 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 RESOLUTION NO. 8.681 A RESOLUTION AUTHORIZING THE CITY MANAGER 189 TO ACCEPT BIDS AND AWARD AN ANNUAL CONTRACT TO OPERATE A PARKING LOT ON CITY PROPERTY IACATED AT SECOND AND SCOTT STREETS. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS FO THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1: The City Manager is hereby authorized to accept bids and award an annual contract to Allright L.R., Inc. in the amount of $33,600 a year in twelve monthly installments, to lease City property located at Second and Scott Streets for the purpose of operating a parking lot. SECTION 2: The City Manager is further authorized to renew the contract for two additional years per the terms of the bid. ADOPTED: April 7, 1992 ATTEST: r -- - •• • CLERK CITY APPROVED AS TO FORM: -A • .i,T " ,•• 19 6 Rte. H• ATTORNEY CITY j...• +.• MAYOR • / W3 PURCHASING FACT SHEET BID NO: 92157 DATE OPENED: March 2. 1992 DEPARTMENT: General Services DESCRIPTION: Lease of Parking Lot FUNDING: N/A ACCOUNT NUMBER: N/A APPROPRIATION OR TRANSFER REQUIRED: N/A ACCOUNT AVAILABILITY: S N/A AMOUNT OF PURCHASE: S N/A SUGGESTED AWARDEE: Allright L.R. Inc. 209 W. 6th Little Rock, AR 72201 190 RECOMMENDATION AND DISCUSSION: Bids were taken to award a contract to operate a parking lot on city property located at 2nd & Scott. The existing contract is being cancelled as per the terms of the contract by the leasee, Allright L.R. Inc. Allright L.R. Inc. offered the highest bid to the city guaranteeing $33,600 a year in twelve monthly installments. It is recommended that we accept their offer and that the contract be renewable for two additional pears if approved by the City Manager as per the terms of the bid. BID #: 92157 DESCRIPTION: Lease of Parking Lot DEPARTMENT: General Services TABULATION Allright ($33,600 per yearl National 30,000 per year AWARD 191